Author: Our Reporter

The Uganda Bankers Association (UBA) has appointed Stanbic Bank Uganda’s Country Manager for Reputation and Corporate Communication, Ken Agutamba, as the new Chairperson of the Peer Committee on Marketing and Communication. He succeeds Jude Kansiime of DFCU Bank. The committee plays a critical role in shaping collective communication strategies and driving sector-wide reputation management efforts among Uganda’s licensed commercial banks and financial institutions. Agutamba’s appointment follows a sector-wide nomination and consultation process, culminating in his unanimous endorsement. He will be joined by Agnes Mubiru of Cairo Bank, who assumes the role of Vice Chairperson. In his acceptance remarks, Agutamba said:…

The Uganda Peoples’ Defence Forces (UPDF) held its inaugural CDF Inter-Forces Drill Competition at the Kololo Ceremonial Grounds. The historic event brought together sixteen units from across the services to compete in synchronized drills, showcasing the highest standards of precision and teamwork. “This competition is the first of its kind in the history of the UPDF. You all did well. Thank you for your effort and a job well done. Keep it up,” he remarked. He emphasized that the drills demonstrated the core values and capabilities of the Uganda Peoples’ Defence Forces (UPDF), including teamwork, precision, and discipline. The Chief…

In the heart of Malawi’s growing FinTech sector, PayChangu is carving out a strong reputation for simplifying payments and enabling financial inclusion. This homegrown digital payment platform is transforming how businesses (large and small) collect and process payments locally and internationally. Founded in 2021 and officially licensed by the Reserve Bank of Malawi in July 2024, PayChangu has already facilitated over MWK 7 billion in transactions and supports more than 4,000 active merchants. Its platform offers flexible payment options via mobile money, card payments, and most recently, instant direct bank transfers, which have gained traction with high-value industries such as…

In a move to accelerate Uganda’s transition from subsistence agriculture to a modern, industrialized agro-economy, Stanbic Bank Uganda, in partnership with the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), hosted the inaugural Consumer Convention 2025 in Kampala under the theme “Accelerating the Momentum of Agro-Industrialization”. The high-level forum attracted stakeholders from government, agribusiness, financial services, and the development community to discuss scalable solutions for transforming Uganda’s agricultural sector into a driver of jobs, investment, and economic growth. State Minister for Agriculture Bright Rwamirama commended Stanbic’s approach, calling it a powerful example of private sector alignment with national priorities under…

Uganda Wildlife Authority’s top leadership, led by Executive Director Dr. James Musinguzi, today hosted the Coordinator of Vital Assets and Strategic Installations in the UPDF, Major General Moses Rewakitarate, at UWA Head Office in Kampala, in a high-level meeting aimed at strengthening collaboration in the protection of Uganda’s wildlife assets and infrastructure. The meeting was also attended by liaison officers Colonel Kanyamunyu Michael and Francis Kugonza for Uganda Peoples’ Defence Forces (UPDF) and Internal Security Orgnization (ISO) respectively, attached to UWA. During the engagement, Maj. Gen. Rewakitarate presented a detailed report of his recent visits to several conservation areas across…

Equity Bank Uganda has today commissioned 100 scholars as the fourth cohort of Equity Leaders Program Uganda, joining 319 previously admitted scholars selected based on their Uganda Advanced Certification of Education examination results.   This rigorous program equips participants with leadership skills, mentorship, and professional networks to address Africa’s most pressing challenges. It blends academic excellence, character development, mentorship, and practical experience to cultivate a generation of future leaders. The program offers a comprehensive package including paid internship, mentorship, coaching, and support for students pursuing higher education both locally and internationally. During his opening remarks, Equity Bank Uganda Managing Director, Gift Shoko,…

President Yoweri Kaguta Museveni, also Commander-in-Chief of the Uganda People’s Defence Forces (UPDF), has underscored the importance of fostering disciplined democracy and unity in Uganda’s political landscape. Speaking at a meeting of the Defence Forces Council at State House, Entebbe, yesterday, Museveni emphasized that democracy should be about respectful participation without hooliganism or intimidation. “We want disciplined democracy, not hooliganism or bad language. We want Ugandans to decide freely without fear or intimidation,” he stated, condemning practices that threaten civic harmony. The remarks come shortly after the high-level Defence Forces Council meeting following a previous gathering chaired by the President on…

The Uganda Peoples’ Defence Forces (UPDF) High Command met on Wednesday at State House, Entebbe, followed by the Defence Council meeting on Thursday, to assess the country’s security situation and regional stability. President Yoweri Museveni, who chaired both meetings, highlighted the importance of maintaining peace within Uganda while supporting peace efforts in sister African countries. Discussions covered the general security situation in the country and UPDF’s ongoing missions in the Eastern Democratic Republic of Congo (DRC), Somalia, and South Sudan. President Museveni called on the UPDF to protect Uganda’s democracy by preventing intimidation and harassment by some political actors who…

ValueFin Limited is reshaping access to finance and markets for Zambia’s micro, small, and medium-sized enterprises (MSMEs), with a special focus on low-income entrepreneurs. Through a mix of technology and human touch, the FinTech is addressing the persistent gaps that hinder business growth and financial inclusion. According to Mukuka Bwalya, Co-Founder and Managing Partner, ValueFin provides three key services: access to finance, market linkages, and business formalization. These services are critical for MSMEs that often lack visibility, working capital, and formal systems to scale. “Our loan management system is web-based, allowing us to collect and analyze customer data in informal…

aBi Finance is equipping Uganda’s leading microfinance institutions and SACCOs with the tools to integrate Environmental, Social, and Governance (ESG) principles into their operations through a targeted training program. Delivered in partnership with the Uganda Institute of Banking and Financial Services (UIBFS), the initiative aims to drive sustainable growth and responsible financial practices. The program, which began with a series of sessions at Kampala’s Fairway Hotel from May 5-7, 2025, reinforces aBi Finance’s commitment to strengthening Uganda’s financial sector. It builds on previous efforts, including the launch of the Green Finance Fund, support for development of the ESG framework for BOU regulated financial institutions, and…